1,000 reward points are worth around $10 , on average, but the exact value depends on which rewards program is offering the points and how you redeem them. In some cases, your reward points could be worth a lot more or a lot less. Below, you can find examples of how much 1,000 reward points are worth through various credit card, hotel and airline rewards programs.
How Much 1,000 Reward Points Are Worth
Rewards Program | Value of 1,000 Reward Points |
Capital One Miles Rewards | $8 |
Wells Fargo Rewards | $10 |
Chase Ultimate Rewards | $10 |
Bank of America Travel Rewards | $9 |
Citi ThankYou Rewards+ | $8 |
Wyndham Rewards | $10 |
World of Hyatt | $25 |
JetBlue TrueBlue | $14 |
Southwest Rapid Rewards | $14 |
Keep in mind that the values above are averages. It’s often the case that within a rewards program, points will be worth more with one redemption option than others. For example, you might get one cent per point toward travel and 0.5 cent per point toward cash back.
This answer was last updated on 07/31/24 and it was first published on 10/19/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
FAQs
Adam McCann, Financial Writer. 1,000 reward points are worth around $10 , on average, but the exact value depends on which rewards program is offering the points and how you redeem them. In some cases, your reward points could be worth a lot more or a lot less.
How much is $1000 points worth? ›
Latest POINTS to USD price calculator
POINTS | US Dollar |
---|
100 POINTS | 1.25 USD |
250 POINTS | 3.12 USD |
500 POINTS | 6.25 USD |
1000 POINTS | 12.49 USD |
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How much are 1,000 Rapid Rewards points worth? ›
What are 1,000 credit card points worth? ›
What is the value of 1 Reward Point? 1 Reward Point is equivalent to INR 25 Paise. Thus, 1000 Reward Points get you free shopping worth Rs. 250.
How much are 1000 Microsoft Rewards points worth? ›
Microsoft Rewards points do not have any cash value and can only be used on the Microsoft Rewards Redeem page. Try these tips to get the most out of your rewards: Remember that 1,000 points are roughly equivalent to $1. If you plan to purchase Microsoft gift cards, earning more points unlocks discounts on these cards.
What is 1000 Everyday Rewards points worth? ›
How much is an Everyday Rewards point worth? The value of an Everyday Rewards point is at least 0.5 cents, or $5 for 1,000 Everyday Rewards points.
How to calculate reward points to cash? ›
It's pretty straightforward! If you allow customers to swap 2,000 points for a $20 discount, just do this math: divide the reward ($20) by the points (2,000). And there you have it – each point is worth 1 cent.
Can you convert Rapid Rewards points to cash? ›
Southwest Rapid Rewards points can not only be redeemed on flight tickets but also on Southwest car rentals, cruises, and shopping. If you do not see any uses for your Southwest Rapid Rewards points in the near future, you can sell them for cash.
How many Southwest points to get a free flight? ›
You need at least 6,000 to 30,000 points for a free flight on Southwest Airlines. The exact number of points you need will depend on the distance, which airport you fly into, and the dates of your trip.
How many points is $1 in Southwest? ›
Earn 3 points per $1 spent on Southwest® purchases. Earn 2 points per $1 spent on Rapid Rewards® hotel and car rental partners. Earn 2 points per $1 spent on local transit and commuting, including rideshare. Earn 1 point per $1 spent on all other purchases.
Value of 1,000 Ultimate Rewards points
Form of redemption | Value |
---|
Gift cards | $10 |
Travel on Chase TravelSM portal | Up to $15 (depending on card) |
Transfer to loyalty program | $20 |
Pay with points on Amazon.com and PayPal | $8 |
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Can I convert reward points to cash? ›
Yes, few credit card providers allow their customers to convert credit card reward points into cash. If you have a credit card from those providers, you can convert your credit card reward points into cash.
How much is 1000 points worth AmEx? ›
How much are Blue from American Express Credit Card points worth?
Redemption Method | Average Point Value | Value of 1,000 Points |
---|
Travel | 0.5 cents | $5.00 |
Cash Back ... | 0.5 cents | $5.00 |
Dec 20, 2022
How many Microsoft points is $100? ›
In the gamepass rewards, the $100 gift card has increased in point cost from 91000 points to 95000 points.
How to get 1000 points in Microsoft Rewards? ›
Replies (5)
As long as you accomplish the daily tasks in a week, a puzzle piece will be awarded to your account. Please note that the 1,000-point reward will automatically be allocated once you complete all the puzzle pieces. Please let me know if you need any further assistance. I will be glad to assist.
How much are 1200 Microsoft points worth? ›
Microsoft Points Conversion Rates
Microsoft Points | 800 Microsoftpoint_1215363144.gif | 1200 Microsoftpoint_1215363144.gif |
---|
USA | $10.00 | $15.00 |
Canada | $12.40 | $18.60 |
UK | £6.80 | £10.20 |
EU | €9.60 | €14.40 |
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How many dollars is 1000 United points? ›
United Miles vs The Competition
Rewards Program | Average Mile Value | Value of 1,000 Miles |
---|
United MileagePlus | 1.14 cents | $11 |
Alaska Airlines Mileage Plan™ | 1.65 cents | $17 |
Southwest Rapid Rewards | 1.39 cents | $14 |
LATAM Pass | 1.35 cents | $14 |
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How many dollars is 1000 PC points worth? ›
The earn rate on groceries is only 10 points per $1 spent no matter where you shop, so if you spend $100 on groceries and pay using this card, you'll earn 1,000 points (a value of $1, or 1%).
How much are 1000 Bank of America points worth? ›
Bank of America rewards points are worth up to 1 cent per point. The exact ammount depends on which BofA rewards card you have and how you redeem the points. For example, points from the Bank of America® Travel Rewards credit card are worth $0.01 each when redeemed for travel credits (1,000 points = $10).
How many points equal $1? ›
1 (currency) = 0.01 Point
This means users need 100 points for every dollar (or other currency). To achieve this, you'd enter '100' into the Points Ratio field. In other words, 100 points equals $1 (or other currency).